# Invesco US Treasury Bond 0-1 Year UCITS ETF Hedged GBP (TIGB)

**Page:** https://fundology.uk/fund/tigb · ISIN IE00BKWD3F20

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, TIGB (Invesco US Treasury Bond 0-1 Year UCITS ETF Hedged GBP, ISIN IE00BKWD3F20) closed at £39.79 on the London Stock Exchange. Its ongoing charge is 0.13% a year (about £13 on £10,000). Over the five years to 13/11/2026 its total return was +7.1%, or −16.4% after UK CPIH inflation.

## Summary

Invesco Markets II PLC - Invesco US Treasury Bond 0-1 Year UCITS ETF Hedged GBP is an exchange-traded fund (ETF) from Invesco, launched in 2020. It tracks the Bloomberg US Treasury Coupons Index - USD. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.13% a year — about £13 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **£39.79** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | TIGB |
| ISIN | IE00BKWD3F20 |
| Category | Cash-like & short-term |
| Type | ETF |
| Provider | Invesco |
| Tracks | Bloomberg US Treasury Coupons Index - USD |
| Income | Distributing |
| Ongoing charge | 0.13% a year (£13 per £10,000) |
| Fund size | £76.0m |
| Launched | 2020 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 22/01/2020 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +3.48% | -0.18% | income reinvested |
| 3 years | +13.21% | +2.29% | income reinvested |
| 5 years | +7.15% | -16.37% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Invesco Markets II PLC - Invesco US Treasury Bond 0-1 Year UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2022 −1.5%, 2023 −0.3%, 2024 −0.1%, 2025 −0.1%; 2026 to 13/11/2026 +0.1%. Returns of Invesco Markets II PLC - Invesco US Treasury Bond 0-1 Year UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −0.5%; to 30/09/2025: −0.2%; to 30/09/2024: +0.2%; to 30/09/2023: −0.8%; to 30/09/2022: −1.4%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -1.5% | -9.9% | Price |
| 2023 | -0.3% | -4.3% | Price |
| 2024 | -0.1% | -3.5% | Price |
| 2025 | -0.1% | -3.5% | Price |
| 2026 to 13/11/2026 | +0.1% | -3.1% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 1.84% | -1.19% |
| 3 years | 2.12% | -1.65% |
| 5 years | 1.88% | -2.68% |

## Largest fall

Volatility of Invesco Markets II PLC - Invesco US Treasury Bond 0-1 Year UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 13/11/2026: 1.8% over 1 year, 2.1% over 3 years, 1.9% over 5 years. Largest fall in the price of Invesco Markets II PLC - Invesco US Treasury Bond 0-1 Year UCITS ETF Hedged GBP since November 2021, in pounds: −2.7% from 19/11/2021 to 23/09/2026. The lowest 12-month return of Invesco Markets II PLC - Invesco US Treasury Bond 0-1 Year UCITS ETF Hedged GBP in pounds (price only, income paid out not included) since January 2021 was −1.6% (12 months to 16/12/2022); the highest was +0.3% (12 months to 06/09/2024). On 13/11/2026 the price of Invesco Markets II PLC - Invesco US Treasury Bond 0-1 Year UCITS ETF Hedged GBP was 2.1% below its highest weekly close since November 2021 (19/11/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of Invesco Markets II PLC - Invesco US Treasury Bond 0-1 Year UCITS ETF Hedged GBP 0.13% a year. Compared on 14/11/2026, 5 of the 43 other cash-like and short-term funds charge more, 1 the same and 37 less (share classes counted once).

## Funds tracking the same index

3 funds track Bloomberg US Treasury Coupons Index - USD, this one included and share classes counted once; their ongoing charges range from 0.06% to 0.13% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Invesco Markets II PLC - Invesco US Treasury Bond 0-1 Year UCITS ETF Hedged GBP (this fund) | 0.13% | +3.5% | +13.2% | +7.1% |
| Invesco US Treasury Bond 0-1 Year UCITS ETF Accum Shs USD | 0.06% | +2.8% | +7.6% | — |
| Invesco US Treasury Bond 0-1 Year UCITS ETF USD | 0.06% | +2.8% | +7.6% | — |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.13%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 12/11/2026, TIGB holds 49 positions, according to its published holdings. The largest is US Tsy N/B 1.5% 31/01/27 at 3.18% of the fund; the ten largest make up 29.5%.

### Top holdings

Largest positions (as of 12/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | US Tsy N/B 1.5% 31/01/27 | — | 3.18% |
| 2 | US Tsy N/B 4.25% 31/12/26 | — | 3.05% |
| 3 | US Tsy N/B 3.75% 30/04/27 | — | 3.03% |
| 4 | US Tsy N/B 3.5% 30/09/27 | — | 2.98% |
| 5 | US Tsy N/B 3.75% 30/06/27 | — | 2.90% |
| 6 | US Tsy N/B 3.875% 31/07/27 | — | 2.90% |
| 7 | US Tsy N/B 4.125% 28/02/27 | — | 2.90% |
| 8 | US Tsy N/B 3.5% 31/10/27 | — | 2.89% |
| 9 | US Tsy N/B 3.875% 31/03/27 | — | 2.88% |
| 10 | US Tsy N/B 3.875% 31/05/27 | — | 2.83% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By type of asset

Added up from the fund’s published holdings, as of 05/11/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 99.7% |
| Cash and money market | 0.3% |

All 49 holdings: https://fundology.uk/fund/tigb/holdings

## Questions people ask

**What is the ongoing charge of TIGB?**

The ongoing charge of TIGB is 0.13% a year — about £13 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco Markets II PLC - Invesco US Treasury Bond 0-1 Year UCITS ETF Hedged GBP 0.13% a year. Compared on 14/11/2026, 5 of the 43 other cash-like and short-term funds charge more, 1 the same and 37 less (share classes counted once).

**What does TIGB track?**

TIGB tracks the Bloomberg US Treasury Coupons Index - USD.

**Is TIGB accumulating or distributing?**

TIGB is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

**What is the ISIN of TIGB?**

The ISIN of TIGB is IE00BKWD3F20. An ISIN identifies one exact share class of a fund; TIGB is its ticker on the London Stock Exchange.

**What does TIGB hold?**

As of 12/11/2026, TIGB holds 49 positions, according to its published holdings. The largest is US Tsy N/B 1.5% 31/01/27 at 3.18% of the fund; the ten largest make up 29.5%. Its ten largest holdings are US Tsy N/B 1.5% 31/01/27 (3.18%), US Tsy N/B 4.25% 31/12/26 (3.05%), US Tsy N/B 3.75% 30/04/27 (3.03%), US Tsy N/B 3.5% 30/09/27 (2.98%), US Tsy N/B 3.75% 30/06/27 (2.90%), US Tsy N/B 3.875% 31/07/27 (2.90%), US Tsy N/B 4.125% 28/02/27 (2.90%), US Tsy N/B 3.5% 31/10/27 (2.89%), US Tsy N/B 3.875% 31/03/27 (2.88%) and US Tsy N/B 3.875% 31/05/27 (2.83%).

**What were TIGB’s returns in each of the last five years?**

Calendar-year returns of TIGB in pounds (price only, income paid out not included): 2022 −1.5%, 2023 −0.3%, 2024 −0.1%, 2025 −0.1%; 2026 to 13/11/2026 +0.1%. Past performance is not a guide to future returns.

**How has TIGB done after inflation?**

Over the five years to 13/11/2026 TIGB’s total return was +7.1%, or −16.4% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.